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Quipt Home Medical Corp T.QIPT

Alternate Symbol(s):  QIPT

Quipt Home Medical Corp. is a home medical equipment provider. The Company specializes in improving the home management of chronic illness through the application of telehealth systems and automated distribution. It provides in-home monitoring and disease management services, including end-to-end respiratory solutions for patients in the United States. It offers nebulizers, oxygen concentrators, continuous positive airway pressure (CPAP) and Bilevel Positive Airway Pressure (BiPAP) units; traditional and non-traditional medical respiratory equipment and services, and non-invasive ventilation equipment, supplies, and services. The Company's product offerings include the management of several chronic disease states focusing on patients with heart or pulmonary disease, sleep disorders, reduced mobility, and other chronic health conditions. Its products and services consist of sleep apnea and pap treatment, home ventilation, daily and ambulatory aides, and respiratory equipment rental.


TSX:QIPT - Post by User

Comment by HatrikSeLaineon Apr 20, 2022 1:32pm
232 Views
Post# 34617155

RE:RE:RE:RE:RE:RE:video Benzinga about qipt

RE:RE:RE:RE:RE:RE:video Benzinga about qiptThe latest acquisition was a small $7.5 million tuck-in and probably not deemed material to warrant the LOI announcement.  This is the only reason why there was no LOI in advance of the latest announcement (I.E. under 10% of current revenues).   When material (10% of revenues or higher) they are obligated to announce  in advance as it's deemed material.  Let's not spread false information hinting that somehow management is incompetent by announcing LOIs for potential $13-$15 Milllion dollar acquisitions when they obligated to do so under IIROC guidelines.
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